India Deep Dive:Â Record Allocations Mask Growing Underweight
Record Allocations Mask Caution:Â Record investments in India contrast with a rising underweight, as selected managers pare back exposure.
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TCS US$1.1bn Placement - Relatively Small but Isn’t Well Flagged, Could Have Implications for Others
Tata Sons, holding company of Tata Group, is looking to raise around US$1.1bn via selling a 0.65% stake in Tata Consultancy Svcs (TCS IN).
574 Views
ITC $2bn Placement - Very Well Flagged but Still Won’t Be an Easy One to Digest, Won’t Do an Indigo
BAT aims to raise around US$2bn via selling 3.5% of ITC. The deal is a very well flagged one but its also relatively a very large deal.
589 Views
BAT’s Possible US$2.5bn ITC Selldown - Will Be Well Flagged but Still Won’t Be an Easy One to Digest
The deal is now live for a target raising of US$2bn, which will drop BAT's stake to 25.5%. The news of the deal was leaked earlier today so its...
1k Views
HDFC Bank (HDFCB IN): Initiating Coverage – Long Term Compounder; But "Short" For Now
HDFC Bank has been the most successful bank in India for long, but things changed drastically with the merger with HDFC Ltd. The negatives outweigh...
462 Views